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Ascena (ASNA) Fiscal 1Q18 Results: In-Line EPS, Weak Comps

Executive Summary

  • year over year. Adjusted EPS was $0.11, in line with consensus expectations.
  • Total company comps declined by 5%, missing the consensus estimate of a 4% decline.
  • For fiscal 2Q18, the company expects adjusted EPS of $(0.12)–$(0.07), at or below the consensus estimate of $(0.07). The company expects total sales of $1.62–$1.66 billion, below the consensus estimate of $1.67 billion.

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